Montana Economy At a Glance 2007 July

Cover Montana Economy At a Glance 2007 July
Montana Economy At a Glance 2007 July
Montana.Dept. of Labor And Industry.Research And Analysis Bureau
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www.epinet.org/webfeatures/ econindicators/eg Jbjob_quality_calculations_200406.pdf July 2007 © Contracting Sectors Top contracting sectors include some of Montana's traditional blue collar industries including Repair and Maintenance and Wood Product Manufacturing. It is important to remember that a contracting sector is not necessarily a sector that has had a drop in employees but rather a drop in the share of employment for the entire state. For example, in this study Food Services and Drinki...ng Places is classified as a contracting sector, but average employment increased by 327 jobs from 2005 to 2006. In fact, of the top ten contracting sectors, four sectors actually added employees. As a group, the contracting sectors encompass more than sixty percent of the employment in Montana and the contracting sectors are growing. However, growth of the contracting sectors at .99% is far outpaced by growth in the expanding sectors of 7.91%.
Wages The difference in average annual wages between the expand- ing and contracting sectors was $5,884 or almost 23%.


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